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18911 Bella Drive
Cleveland, OH 44119

$1,025,000

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Listing Details

  • $1,025,000
  • MLS# 5209202
  • Type Commercial - Business
  • Status Active
  • 0.358 acres
    Lot Size
  • 1962
    Year Built
  • Cleveland Municipal - 1809
    Local Schools

Home Value Estimate


Description

18911 Bella Drive presents a mostly renovated 12-unit multifamily asset with significant capital improvements already completed. Ownership has renovated 8 of 12 units over the past two years, achieving strong rent growth while maintaining stable occupancy. The property has undergone full lead abatement and holds a 20-year lead-free certification, significantly reducing regulatory risk. Additional recent capital improvements include a new roof, updated entry doors, renovated laundry rooms, and upgraded mechanical systems. This offering represents a rare opportunity to acquire a largely de-risked, near-stabilized asset with in-place income...read more

Features

  • Forced Air
  • $15,987 / year Taxes
  • Public
  • Built in 1962